English
Vietnam seeks international oil and gas cooperation
The oil and gas sector in Vietnam now has a lot of international cooperation options thanks to the prime minister's recent trip to Saudi Arabia for the ASEAN-GCC Summit.
Petroleum Tin tức
Vietnam’s petroleum imports up 23.1% over nine months
Vietnam imported over 8 million cubic meters of petroleum in the first nine months of 2023, representing a 23.1% year-on-year increase, according to the General Department of Customs.
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18/08/2023 - 10:07Vietnam's Nghi Son refinery could face a $1 bln loss in 2023
A document signed by Kuwait's oil minister and seen by Reuters showed that Vietnam's largest oil refinery, in which Kuwait Petroleum International (KPI) owns a stake, could lose $1 billion this year.
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17/02/2023 - 10:19Vietnam spends more than $900 million on petroleum imports in January
In January 2023, Vietnam witnessed a significant surge in the import of various types of petroleum products from its two main markets, South Korea and Singapore.
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09/11/2022 - 09:46Vietnam to continue facing difficulties securing fuel supplies, minister ...
Vietnam will continue to face difficulties securing refined petroleum products, its industry and trade minister said on Saturday (Nov 5), as authorities scramble to avert a fuel supply crunch.
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14/10/2022 - 11:20Ministry orders refineries to bump up gasoline production
The Ministry of Industry and Trade has instructed the country’s two refineries to crank up gasoline production to maximum capacity as the south continues to report shortages.
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13/10/2022 - 15:41Petrovietnam's nine-month revenue estimated at $29 billion
State-run oil firm Petrovietnam expects revenue of VND698,300 billion ($28.91 billion) in the first nine months of 2022, beating the whole-year goal by 25% and increasing 56% from a year earlier.
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12/10/2022 - 16:23Vietnam's 9-month petroleum import reaches 6.5 mln tons, up 22.7%
Vietnam spent $6.8 billion to import 6.5 million tons of petroleum of all types in the first nine months of 2022, according to the General Department of Vietnam Customs.
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11/10/2022 - 12:02PVOIL strives to ensure enough petroleum supply
Price of gasoline has increased significantly in the world in recent days, has also consumer demand increased.
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19/08/2022 - 14:04PetroVietnam to develop $19-billion refinery and petrochemical ...
PetroVietnam proposed to develop a refinery and petrochemical complex in collaboration with a national oil reserve warehouse with total investment capital of $19 billion in the southern province of Ba Ria-Vung Tau.
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18/02/2022 - 13:04Binh Son Refinery targets 2022 after-tax profit at VND1,400 bln, down ...
Binh Son Refining and Petrochemical Co., Ltd. (BSR), the operator of Dung Quat Oil Refinery, targeted 2022 post-tax profit at VND1,400 billion ($61.5 million), down 79 percent from a year earlier.
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25/08/2021 - 20:05Refineries face closure due to plunging fuel demand
Plunging fuel demand caused by Covid-19 restrictions is increasing inventory at Vietnam’s two major oil refineries and could force them to shut down soon.
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08/06/2021 - 13:53Malaysian oil company to enter Vietnam market
Malaysia’s Hibiscus Petroleum Berhad has acquired the assets of Spanish oil exploration and drilling firm Repsol Exploración, S.A. in Vietnam.
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10/05/2021 - 10:14PetroVietnam’s Jan-April profit reported at $669 mln, completing 94% whole-year ...
Vietnam Oil & Gas Group, known as PetroVietnam, reported VND15,400 billion ($669 million) pre-tax profit in the first four months of this year.
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21/01/2021 - 16:47Binh Son Refinery posts Q4 after-tax profit at $54 mln
The Binh Son Refining and Petrochemical JSC, operator of Dung Quat Refinery, posted over VND1.25 trillion ($54 million) in after-tax profit in the fourth quarter of 2020, according to its financial report.
